Friday, November 17, 2006

Milton Friedman: Rescued Britain
Others will write about his other enormous contributions to freedom around the world — his leading role in the abolition of the draft, his tireless work in favor of school choice to name but two — and we can but hope others will continue his work. My boss, Fred Smith, on hearing of his death said, “[W]e can continue the struggle, do our part to leave the world a bit better, striving always to advance freedom. And, in doing so, we will benefit greatly from the intellectual ammunition and the personal example he leaves us. For that and much more, we should all mourn and honor this great man.”

To me, Milton Friedman will remain the intellectual giant whose insights saved Britain from terminal decline. A few years he forecast that the ruro — the latest grand experiment of European collectivists and technocrats — will last 15 years at most. I think after raising a glass to this great man’s memory, I shall put a quid or two on that coming true, humming that little ditty as I do so.

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